NewPeak Metals has appointed Associated Exploration Drillers to undertake drilling at its Tansey gold project in south-east Queensland, Australia.
The drilling programme is set to commence in January 2026 and expected to last approximately three weeks, after which samples will be sent for assaying.
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The drilling will be conducted adjacent to the historic South Burnett gold mine, which was abandoned in the 1940s and reached depths of more than 80m.
NewPeak plans to drill two angled holes targeting depth extension of the old workings, in addition to two holes to extend strike at depth in both directions.
Funded through NewPeak’s existing cash resources, the total programme will comprise approximately 1,100m across four HQ diamond drill holes.
The Tansey project is held by Goldstrike Mining, a subsidiary of NewPeak, under the EPM 26368 permit, which covers around 12km².
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By GlobalDataLocated approximately 60km west-north-west of Gympie, Queensland, EPM 26368 encompasses several historic gold mines including South Burnett.
In addition to the Tansey gold project drill programme, NewPeak, through its subsidiary Dorado Metals, has applied for two tenements abutting EPM 26368, namely EPMA 29270 Tanjan and EPMA 29269 Grongah.
The applications cover land between ActiveX’s Booubyjan tenement, which is prospective for porphyry copper and gold mineralisation, to the north and the town of Kilkivan to the south-east.
The company recently finalised its acquisition of the remaining 49% of the Las Opeñas exploration permits in San Juan Province, Argentina, for $500,000 (A$763,397). This transaction is said to have reduced NewPeak’s cash balance to A$2.7m.
